Valeura Energy Inc. T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company is also pursuing organic and inorganic growth in Southeast Asia.

TSX:VLE - Post by User

Valeura Energy Inc.

<< Previous

Bullboard Posts

Next >>

Post by Chincy1on Oct 06, 2023 2:06pm

231 Views

Post# 35673615

more ongoing fcf for VLE...

https://www.upstreamonline.com/field-development/start-up-in-sight-for-world-s-fastest-offshore-oilfield-development-/2-1-1530523

borrowed from a twitter poster -

Valeura earning 2% of royalty from Rossukon at initial 10,000 bbl/day $80 oil means extra ~6m per year FCF. ~12m if the operator boosts successfully production to 20,000 bbl/day in Q4 2024. Nice extra without having any own capital at risk.

<< Previous

Bullboard Posts

Next >>

Voyageur Pharmaceuticals signs $2.6M contract in Latin America